Economic forecasters warn of a global recession in 2015

The same economists who predicted the 2007 housing bubble crisis and ensuing recession now says there’s a 65% chance of another global recession in 2015.

Jerome Levy, founder of the Jerome Levy Forecasting Center, astutely predicted the stock market crash of 1929, and famously sold all of his stocks before the storm set in. The Jerome Levy Forecasting Center, currently run by Levy’s son, David, has successfully predicted economic fluctuations big and small since then, using a reknowned profit equation method developed by and named after Levy. 

Listen in as Robert King, senior economist at The Jerome Levy Foundation explains the factors influencing this prediction and what it could mean for America’s economy.